Spectrum Solutions, a Salt Lake City healthcare solutions firm, along with its fully owned subsidiaries Alimetrix Inc. and Microarrays Inc., has announced the appointment of Bill Phillips as the company’s new CEO, replacing Stephen J. Fanning.
Phillips was a founder of Spectrum Solutions and prior to his promotion to CEO, he was the company’s chief operating officer.
“In this new position, Phillips will accelerate Spectrum’s strategic clinical healthcare business objectives, which will result in job growth and greater career opportunities for current team members,” Spectrum said in a release. “In addition, Phillips is committed to working with other Utah business leaders to address issues impacting local businesses, philanthropic opportunities and the community at all levels.”
“Bill Phillips’ promotion to CEO is well-deserved and exciting for the future of Spectrum’s growth. Bill has worked tirelessly from the beginning to make Spectrum a customer-centric business and a great place for employees to come to work every day,” said Fanning. “It has been my privilege to work with such a great team of highly talented people, and it has been a highlight of my career.”
Founded in 2006, Spectrum Solutions markets stand-alone test-to-treat solutions that support molecular diagnostics and DTC testing applications, advances product development and accelerates go-to-market applications. Its end-to-end capabilities include a molecular diagnostic laboratory, on-site compounding pharmacy, medical and non-medical product development, manufacturing and fulfillment.